Agriculture loan

Agriculture loans are tailored to acquire capital for various purposes such as expansion, inventory purchase, equipment acquisition, hiring staff, or to manage day-to-day operational expenses. The terms and conditions of these loans vary depending borrower's creditworthiness, collateral, repayment tenure and other factors.

LT0002502

Goal
14,000 €
Raised
14,000 €
100%
Return rate
12%
Rating
B+
Period
33
Time left
LTV
80%
Country
Lithuania
Loan purpose
Refinancing
Business information
Security measures
Loan history
Project owner Address
Ūxxxxxxxx (-ė) Xxxxxx Xxxxxxxx
Xxxxšxų xx., Xxxxxx xxx., Xxxxxx x. xxx.
header_1 Declared Owned
Dirbama žemė56.30 ha42.00 ha
20232022
Revenue 92,686.00 € 77,855.00 €
Net profit 51,815.00 € 18,250.00 €
Equity ratio 80.65% -
Project description
Documents
Payment schedule
Starting his farming journey in 2016 in the Skuodas district, the farmer currently declares 56.30 hectares of land. The farm produces wheat, rapeseed, peas, and potatoes.  

The farm's machinery fleet includes 2 tractors, a combine harvester, a seeder, a cultivator, a fertilizer spreader, Cambridge-type rollers, and other necessary equipment to ensure efficient field management and high-quality yields.  

The farm is currently borrowing for refinancing purposes to optimize financial flows and ensure operational stability. Join this project and support the farm’s continued growth and expansion. 

Project risks

For this project, there is a risk of losing all the profits made and the funds invested.

In this case, if the Project Owner fails to fulfill its obligations, the Platform Operator will take all necessary measures to protect the interests of investors and use the provided collateral, but the Platform Operator does not guarantee the full fulfillment of the Project Owner's obligations.

Financial agreements are not subject to the insurance protection established by the Law on Insurance of Deposits and Liabilities to Investors of the Republic of Lithuania.

Additional information:

If the project owner does not collect the amounts to be financed, the collected funds will be returned to the funders by transferring them to the account from which they were transferred. The Platform Operator also has the right to offer the Project Owner to reduce the amount to be financed during the Project financing term or to extend the Project financing term. In this case, if the amount to be financed is reduced or the term of financing the Project is extended, it shall in all cases be announced on the Platform and the Fund's financiers shall be informed.